South Korea Records Deficit
In Current-Account Balance

SEOUL, South Korea -- South Korea reported its third consecutive monthly deficit in its current-account balance in February and the central bank said the gap would widen sharply this month.

The central bank attributed the expected widening to increased interest payments on foreign debt and costlier petroleum imports. It also hinted it will be revising its economic forecasts for the first half and full year, given the deterioration in...